Republican Senators on Fiscal Cliff Negotiations

Tennessee Republican Senators Bob Corker and Lamar Alexander spoke to reporters about “fiscal cliff” impending tax increases and budget cuts at the end of 2012 if Congress cannot reach a new budget agreement. Senator Alexander predicted that congressional leaders and President Obama would find a compromise over the weekend. Senator Corker among his comments said the real fiscal cliff was Medicare. He talked about his bill to reduce Medicare spending by $1 trillion as part of a larger budget deal. close

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*The transcript for this program was compiled from uncorrected Closed Captioning.